Society of St Vincent de Paul St Therese Conference

Analysis

Society of St Vincent de Paul St Therese Conference is a registered charity in United States, based in Juneau, AK. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2022, Society of St Vincent de Paul St Therese Conference reported income of $2.4m and spending of $1.8m, leaving 26% of income unspent that year. Across the 4 years on record, from June 2019 to June 2022, income grew from $1.6m to $2.4m (+52%), an average of +15% a year. The sharpest change came in the year to June 2020, when income rose by 27%. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Society of St Vincent de Paul St Therese Conference sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within AK. Charities of a similar size with the same main cause include Alpha Building Foundation Corporation ($2.4m), Vietnamese American Initiative for Development Inc ($2.4m) and Samaritan Ministries ($2.4m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 70% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $64k (3.6% of expenses). Other salaries and wages came to $627k. At year end it held assets of $5.9m against liabilities of $2.0m, net assets of $3.9m. It reported 58 employees.